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NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

NEO Battery Materials Ltd. is a Canadian battery materials technology company. It is focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, it enables longer-running and ultra-fast charging batteries compared to existing technologies. It is a producer of silicon anode materials for the electric vehicle and energy storage industries. It is developing and optimizing its silicon anode materials, NBMSiDE, through its all-in-one manufacturing process. Its three types of products, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100 are manufactured through its nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%. It has developed a nanocoating process to manufacture silicon anodes. Its material provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.


TSXV:NBM - Post by User

Post by Zevoon Sep 10, 2021 9:43pm
427 Views
Post# 33844387

Great close - next week

Great close - next weekResults could be released. Will be exciting. $71 million market cap. Not for long. Get ready folks. 

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF) ("NEO" or the "Company") is pleased to announce that the first prototype of silicon (Si) anode active materials has been successfully produced, and samples have been sent to NDA partners for full cell evaluation and electrochemical characterization.

Spencer Huh, President and CEO of NEO, commented, "The first working set of NEO's proprietary silicon anode materials has been manufactured through our unique process. Our prototype will be utilized by third-party partners for evaluating the performance and efficacy of NEO's Si anodes in each respective party's cell system and environment. NEO will complete due diligence during and after testing to refine and strengthen the prototype for commercialization."

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